Financial Planning and Advice Blog for Syracuse

Want to keep up with the latest news in the financial sector? HighPoint Advisors in East Syracuse, NY makes sure all our clients have the latest up to date financial information to better plan for their future. Feel free to browse the blog below to learn more about the current financial market.
If this blog raises interest or concerns please contact us at info@highpointadv.com.

HighPoint Advisors, LLC Gives Back

HighPoint Advisors Syracuse

By highpointadvisors January 15, 2016

At HighPoint Advisors, LLC, our clients know that they can rely on us for the long haul. We are not just their financial advisors; we are their friend and neighbor. We are very proud to be part of the Syracuse community, and we make significant efforts throughout the year to give back in meaningful ways. Here are just a few of the events we participated in this past year to help support our neighbors in the Syracuse community. HighPoint Advisors Syracuse The Syracuse Heart Walk: As in previous years, HighPoint Advisors, LLC participated in the Syracuse Heart Walk in 2015, which was a fundraising event for the American Heart Association and the American Stroke Association. All walkers are asked to raise money to participate, and thanks to the help of our wonderful partners and team, we were able to raise $1500 this year! The event took place on March 28th, and AJ Loedel, a partner at Highpoint Advisors, along with his wife Carolyn, participated in the walk in spite of the brutally cold temperatures. Advisor Patrick Newton and his parents, Dean and Rita Newton, volunteered in the food service department of the event. Buy Local Bash: On November 23rd, HighPoint Advisors, LLC was pleased to sponsor the Buy Local Bash event put on by SyracuseFirst for the fourth year in a row. SyracuseFirst is a non-profit organization dedicated to protecting the vitality of the Syracuse economy and supporting local businesses by encouraging residents to shop locally as much as possible. The Buy Local Bash brings together businesses and community members for an evening of socializing, shopping, and food tasting in order to build awareness about the many unique products and services available in our community. The event was held at the F Shed at the regional market and had a wonderful turnout. Our advisors were thrilled to be able to converse with many new people at our booth. We also increased our sponsorship like we have every year since we started participating. Earth Day Cleanup: Keeping the earth clean is an important duty to us at Highpoint Advisors. That is why our team took it upon themselves to do their part this past Earth Day. We spent the day outside of the office and in the community armed with garbage bags and OCRRA stickers, despite it still being a snowy day. We assisted in cleaning the Duguid Road section of Manlius. Through our efforts, we were able to make the beautiful drive through Manlius an even more stunning sight to behold. HighPoint Advisors Food Drive: Also in November, we partnered with the Food Bank of Central New York to collect canned goods for those in need in our community. This is our third year participating in the food drive. We placed one bin in our office and another in the entryway of our building. Our drive ran from November 3rd to November 24th, and many of our clients brought cans to donate when they came to our office to meet with their advisor. Thank you to all who participated! Special thanks to Doug Kerr for the Syracuse image....

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Give Your Finances a Makeover in the New Year with New Goals

By highpointadvisors December 15, 2015

Idea Light Bulb - High Point AdvisorsWhen everyone else is thinking about how to lose those 10 pounds they gained over the holidays come New Year's Day, be smart and set some goals that will have a much longer-lasting impact. Think about some new goals that will help you get your financial house in order and help you get the things you want in your life. If you aren't sure where to start, professional financial planning services can help. You can also follow these simple tips to put together a winning plan:

Set Time Frames

Your approach to saving for a car won't be the same as your plan to save for those hot boots you have your eye on. You need to set both short-term and long-term goals. Some short-term examples include getting a new refrigerator or fixing the HVAC system. Some long-term examples include paying for your child's tuition or creating healthy retirement savings. Be specific in your goals, such as saying you want to save $50,000 for college.

Prioritize Your Plan

What's more important to you: your child's college tuition or your retirement? You may come up short some months, so the answer to this question will determine where the money needs to go when you don't have it to meet all your goals. How you prioritize your plan will also determine how much money you put toward each part of it. Professional financial planning services can help you understand which goals should be prioritized if you aren't sure where to start.

Identify a Monthly Amount

Determine how much you can realistically set aside each month for your savings plan. Then you can divide that amount according to each of your goals. It is important that you set a specific amount or percentage of your income so that you have an actionable plan with specific steps and a specific time frame. It is important that you revisit your goals throughout the year and review your progress to see if you need to make any changes. Financial planning services can help you take an objective look at your finances so you can determine where to make any tweaks, if needed. Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Private Advisor Group, a registered investment advisor. Private Advisor Group and HighPointAdvisors, LLC are separate entities from LPL Financial....

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